Cup & Handle pattern for GOLD!
Hi All,
We have a nice bullish setup here.
The Cup & Handle pattern will push us up to 1605-1610 $ area (this will complete the 3rd impulse Elliot Wave) where a Harmonic Bat bearish pattern will be triggered for a small retracement that will constitute our 4th impulse Elliot Wave. We will retrace to 1570 $ level and then the last bullish move for these sequence will take place - ending up around 1650 $. The first step of the Golden Era :)
You can refer to my previous analysis
to see that we are currently i the MAJOR 5th Elliot Wave pattern that started on August '18.
I keep on accumulating precious metals on every occasion.
GL & HF :)
We have a nice bullish setup here.
The Cup & Handle pattern will push us up to 1605-1610 $ area (this will complete the 3rd impulse Elliot Wave) where a Harmonic Bat bearish pattern will be triggered for a small retracement that will constitute our 4th impulse Elliot Wave. We will retrace to 1570 $ level and then the last bullish move for these sequence will take place - ending up around 1650 $. The first step of the Golden Era :)
You can refer to my previous analysis
I keep on accumulating precious metals on every occasion.
GL & HF :)
Comentarios:
You can refer to my previous analysis "Golden era is coming" to notice that we are currently in the 5th Wave of the MAJOR Elliot Wave pattern that started on August '18.